Li, a big fan of solar energy, in 2012 moved into the thin-film solar panels industry, a niche market most mainstream panel makers chose not to pursue. Photo: Xinhua

Li Hejun, once China’s richest man, gets approval from shareholders to take troubled Hanergy unit private

  • Hanergy Thin Film’s shares were suspended four years ago when they suddenly shed about half their value in an hour
  • The firm’s chairman, Li Hejun, was banned from being a director in 2017, for failing to disclose loans between the Hong Kong-listed unit and its parent
Topic |   HKEX

TOP PICKS

Li, a big fan of solar energy, in 2012 moved into the thin-film solar panels industry, a niche market most mainstream panel makers chose not to pursue. Photo: Xinhua
READ FULL ARTICLE